Coforge, an IT services firm, reported a 56.5% increase in consolidated profit, reaching ₹588 crore for the second quarter ending September 30, 2026. This growth was attributed to the AI-led execution of deals, as stated by the company on Friday. In the same quarter last year, Coforge had a net profit of ₹375.8 crore.

Key Highlights

  • Sudhir Singh, CEO and Executive Director of Coforge, noted that the margin increase is primarily from existing fixed-price projects where AI is being integrated.
  • The company signed 8 large deals, the highest number in a single quarter across North America, Europe, and Australia, resulting in a total contract value of USD 1.04 billion.
  • Coforge raised its operational profit margin guidance to 17% for the next year, up from the previous range of 15.5% to 16%.